Online social entertainment

XR Immersive Tech Announces Strategic Studio Partnerships, and Brand New and Intuitive Interface and Website

Retrieved on: 
Thursday, February 2, 2023

Strategic partnerships with multiple studios to bring gaming, education, and enterprise training to virtual reality locations worldwide

Key Points: 
  • Strategic partnerships with multiple studios to bring gaming, education, and enterprise training to virtual reality locations worldwide
    VANCOUVER, British Columbia, Feb. 02, 2023 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (“Immersive Tech”, or the “Company”) (CSE: VRAR) (FSE:79W) (OTCQB: FNTTF), an industry leader in Social Entertainment, Virtual Reality (VR) and Augmented Reality (AR) content and experiences, is pleased to announce strategic partnerships with multiple studios by a wholly-owned subsidiary, SynthesisVR Inc. (“SynthesisVR'').
  • A SaaS platform providing solutions to small and enterprise-scale virtual reality businesses to manage their daily operation, manage XR devices, license commercial content as well as provide studios a way to deploy content to various virtual reality headsets in an agnostic manner.
  • By strategically partnering with various developers, SynthesisVR aims to bring amazing games, and educational and enterprise training content in a frictionless manner to VR businesses all over the world.
  • In this vein, we announce our latest partnership with the following companies.

XR Immersive Tech Announces PortalX, A VR Kiosk That Can Be Used For Gaming, Healthcare, Retail, Entertainment, Defense & Education

Retrieved on: 
Thursday, December 15, 2022

Person absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

Key Points: 
  • Person absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.
  • ABOUT XR IMMERSIVE TECH INC.
    Immersive Tech (formerly Fantasy 360 Technologies Inc.) is building the industry's premier location-based Metaverse Platform.
  • Since 2016 the Company has been an industry leader in Social Entertainment, Virtual Reality (VR) and Augmented Reality (AR) entertainment attractions.
  • This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws.

XR Immersive Tech Announces Record Third Quarter Revenue & Corporate Update

Retrieved on: 
Wednesday, November 30, 2022

Immersive Tech has appointed VR Industry leader A Shabeer Sinnalebbe as the Companys new CEO effective September 1, 2022.

Key Points: 
  • Immersive Tech has appointed VR Industry leader A Shabeer Sinnalebbe as the Companys new CEO effective September 1, 2022.
  • Prior to this role Mr. Sinnalebbe served as the CEO of SynthesisVR which XR Immersive Tech acquired at the beginning of 2022.
  • Mr. Sinnalebbe has extensive global leadership experience in scaling a highly successful Virtual Reality entertainment platform business from start-up to exit.
  • For further information about Immersive Tech, please contact:
    ABOUT XR IMMERSIVE TECH INC.
    XR Immersive Tech is building the industry's premier location-based Platform.

XR Immersive Tech Announces it has Appointed LBVR Pioneer A Shabeer Sinnalebbe as the Company’s New CEO

Retrieved on: 
Thursday, September 1, 2022

Mr. Sinnalebbe currently serves as the Companys Head of XR Networks.

Key Points: 
  • Mr. Sinnalebbe currently serves as the Companys Head of XR Networks.
  • Prior to this role Mr. Sinnalebbe served as the CEO of SynthesisVR which XR Immersive Tech acquired at the beginning of 2022.
  • Mr. Sinnalebbe has extensive global leadership experience in scaling a highly successful Virtual Reality entertainment platform business from start-up to exit.
  • ABOUT XR IMMERSIVE TECH INC.
    XR Immersive Tech is building the industry's premier location-based Metaverse Platform.

XR Immersive Tech Announces Record Second Quarter Revenue & Corporate Update

Retrieved on: 
Wednesday, August 31, 2022

VANCOUVER, British Columbia, Aug. 30, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (XRi or Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) a leading location-based virtual reality (LBVR) content distribution and facility management platform, today announced results for its second quarter and first half of its fiscal 2022 year ended June 30, 2022 as well as providing a mid-year corporate update.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 30, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (XRi or Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) a leading location-based virtual reality (LBVR) content distribution and facility management platform, today announced results for its second quarter and first half of its fiscal 2022 year ended June 30, 2022 as well as providing a mid-year corporate update.
  • XRi delivered the following results for its second quarter and first half of its fiscal 2022 year:
    In the Company's second quarter revenue was $348,328 with associated cost of goods sold of $71,375, a revenue increase of 752% quarter over quarter.
  • Revenue for the first half of 2022 was $525,004 with an associated cost of goods sold of $154,124, a revenue increase of 1,184% for the period ending June 30, 2022.
  • ABOUT XR IMMERSIVE TECH INC.
    XR Immersive Tech is building the industry's premier location-based Metaverse Platform.

XR Immersive Tech Announces Addition of Health & Safety VR Training Content to SynthesisVR Marketplace

Retrieved on: 
Thursday, August 18, 2022

SynthesisVR is the partner that has all of that, we are working towards many great things and this is just the beginning".

Key Points: 
  • SynthesisVR is the partner that has all of that, we are working towards many great things and this is just the beginning".
  • The company is also pleased to announce that VR Industry veterans and founders of SynthesisVR, Shabeer Sinnalebbe and Kamen Petrov, have agreed to join the Board of Directors.
  • XR Immersive Techs Board of Directors is confident that their leadership will yield ongoing success for the Company.
  • ABOUT XR IMMERSIVE TECH INC.
    XR Immersive Tech is building the industry's premier location-based Metaverse Platform.

XR Immersive Tech’s UNCONTAINED attraction selected as a finalist for the VR Awards

Retrieved on: 
Thursday, August 11, 2022

VANCOUVER, British Columbia, Aug. 11, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that our UNCONTAINED hyper-immersive VR attraction has been selected as a finalist for the 6th annual VR Awards in the VR Location-Based Entertainment of the Year category.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 11, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that our UNCONTAINED hyper-immersive VR attraction has been selected as a finalist for the 6th annual VR Awards in the VR Location-Based Entertainment of the Year category.
  • The VR Awards is an annual red carpet celebration of groundbreaking immersive technologies that have redefined the immersive world.
  • As the leading voice in all things immersive technology related, the VR Awards highlights technological marvels and innovations that have revolutionized the industry.
  • We are grateful to be a part of the 2022 VR Awards and to be recognized for the groundbreaking innovation we have accomplished.

XR Immersive Tech Announces SynthesisVR Android Platform

Retrieved on: 
Tuesday, August 2, 2022

VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that our SynthesisVR Android Platform has officially launched and is currently available to the Companys operator network worldwide.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that our SynthesisVR Android Platform has officially launched and is currently available to the Companys operator network worldwide.
  • After many months of testing and feedback from our partners we are pleased to announce that the SynthesisVR Android Platform is now officially live.
  • To learn more about the SynthesisVR Android Platform or to start a free trial please visit the SynthesisVR website to get in touch.
  • ABOUT XR IMMERSIVE TECH INC.
    XR Immersive Tech is building the industry's premier location-based Metaverse Platform.

UNCONTAINED Hyper-Immersive VR Experience Now Officially Live at Vancouver’s PNE Amusement Park

Retrieved on: 
Monday, July 18, 2022

As previously announced on June 21st, 2022 ( see release here ), the Company has brought its UNCONTAINED VR product from idea to production and delivery to the Pacific National Exhibition (PNE), Canadas oldest amusement park in Vancouver, BC, Canada.

Key Points: 
  • As previously announced on June 21st, 2022 ( see release here ), the Company has brought its UNCONTAINED VR product from idea to production and delivery to the Pacific National Exhibition (PNE), Canadas oldest amusement park in Vancouver, BC, Canada.
  • Following the successful installation and PNE staff training session, which was completed 24-hours after delivering to the PNE grounds, the attraction was officially opened to the general public on July 8th, 2022 for the soft opening weekend.
  • XR Immersive Tech has collected the following details from the weekend through an exit survey:
    100% of guests also reported they would recommend UNCONTAINED to a friend to experience for themselves.
  • Since 2016 the Company has been an industry leader in Social Entertainment, Virtual Reality (VR) and Augmented Reality (AR) entertainment attractions.

XR Immersive Tech Launches Its UNCONTAINED VR Attraction At Playland Amusement Park

Retrieved on: 
Tuesday, June 21, 2022

VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that the companys UNCONTAINED Hyper-Immersive VR attraction officially launches with its first client.

Key Points: 
  • VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) -- XR Immersive Tech Inc. (Immersive Tech, or the Company) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that the companys UNCONTAINED Hyper-Immersive VR attraction officially launches with its first client.
  • Playland Amusement Park and the PNE Fair draw visitors of all ages from across British Columbia and around the world.
  • We are looking forward to hosting the debut of XR Immersive Techs UNCONTAINED attraction at Playland and the Fair this summer, says PNE spokesperson Laura Ballance.
  • ABOUT XR IMMERSIVE TECH INC.
    XR Immersive Tech is building the industry's premier location-based Metaverse Platform.